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ENERGY
[BREAKING] Kenya Cancels Controversial KSh95.68 Billion Power Deal With Adani
Kenya has cancelled the controversial KShs 95.68 Billion (USD 736m) deal with Adani Energy Solutions for the development of transmission lines and sub-stations. The cancellation comes just a few hours after Gautam Adani was charged with fraud in the US. Adani has been accused of orchestrating a $250m bribery scheme and concealing it to raise money in the US. In October,…
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BRAND & SUSTAINABILITY
Kenya Power launches new sustainability strategy
Kenya Power sustainability strategy: Kenya Power has officially launched its Sustainability Strategy that will provide a roadmap for the entrenchment of sustainable business operations within the Company. The Strategy will drive the implementation of measures to reduce environmental carbon footprint, prioritisation of inclusivity and well-being of the Company’s stakeholders, responsible utilization of resources, and upholding of corporate and ethical practices. The…
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BRAND & SUSTAINABILITY
COP29: SEforAL and IBM Unveil AI Solutions for Energy and Urban Growth
At COP29, IBM and Sustainable Energy for All (SEforALL) unveiled new AI-powered solutions to support sustainable urban development globally. The two said in a statement that these publicly available tools help policymakers and decision-makers map urbanization and address energy and infrastructure needs in developing regions. “At IBM, we’re proud to launch solutions that harness the power of artificial intelligence to…
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BRAND & SUSTAINABILITY
KCB Group CEO among 100 Global CEO feted for Championing Sustainability
Four Kenyan business leaders are among 100 global recipients of the 2024 Meaningful Business 100 (MB100) award, which recognises leaders who transform their businesses to benefit society and generate profits. The four honorees stood out as national role models in sustainability and impact-driven innovation. The 2024 Kenyan MB100 awardees include: Paul Russo, CEO, KCB Group Lucy Mutinda, Founder & CEO,…
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RENEWABLE ENERGY
Teraco commences construction on 120MW utility-scale solar power plant
Teraco has announced today that it has started construction of its 120MW utility-scale solar PV power plant in the Free State province of South Africa. In a world first for data centre operators, Teraco will own the 120MW solar PV plant and wheel the renewable energy to its data centres, with the plan to create its own sustainable energy source to power…
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NEWS
(B)energy Relaunches Africa-Focused Clean Cooking Solution
Africa-focused biogas company (B)energy has re-launched BiogasUnite, a digital platform designed to boost the use of biogas for clean cooking in Africa. The platform was launched during a technical workshop at African Energy Week: Invest in African Energies 2024 last week. Katrin Puetz, Founder and Managing Director of (B)energy, said the company is seeking £780,000 from African and global investors…
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CLIMATE CHANGE
Can AI help us better prepare for climate-related disasters in Kenya?
After years of drought, the sudden arrival of heavy rain that began in Kenya late last year seemed like a long-awaited turn in fortune. However, as the rain continued to fall, the celebrations quickly turned into a nightmare, with people swept away and homes completely inundated. Indeed, for many in Kenya the catastrophic floods that shook the nation earlier this…
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NEWS
Climate finance and natural capital accounting by African countries top AfDB’s COP29 agenda
The world’s largest annual climate conference opens in Baku, Azerbaijan, on Monday, with African nations ramping up efforts to tackle climate change. At COP29, the African Development Bank (AfDB) aims to mobilize additional resources for climate action in Africa and launch a bold new approach to assessing African economies by including their “green wealth.” Organized by the United Nations Framework…
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CLIMATE CHANGE
[Peter Nalika] What Africa Should Demand at COP29
With COP29 around the corner, Africa aims to take a more assertive stance in advocating for technology-driven climate action. Building on the outcomes of COP28, Africa’s demands at this year’s conference should centre around advancing climate technology access, fostering local innovation ecosystems, and ensuring the continent’s unique needs and challenges are integral to global climate tech conversations. COP28’s Green Digital…
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CLIMATE CHANGE
COP29 – Climate Christmas in Azerbaijan
The festival season is upon us again. Shimmering lights, exotic foods, heartfelt greetings, people flying over from all around the world to be with family and friends, gifts and rewards, gala times, great conversations, and promises to do better this year. Like all its previous editions, COP29 guarantees all of this and much more under the presidency of H.E. Mukhtar…
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